05-26-2019  12:00 pm   •   PDX Weather    •   SEA weather  
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NORTHWEST NEWS

Hate Groups Gain Ground in Pacific Northwest

At least nine hate groups operated in the region of Spokane and northern Idaho in 2018

Judge Tells Attacker to Study Sikhs as Part of Sentence

Andrew Ramsey pleaded guilty to counts of intimidation and assault targeting Harwinder Singh Dodd

Oregon Passes Bill to Keep Guns From Stalkers and Abusers

Democrats in the Oregon Legislature pushed through a gun control bill Thursday after they sacrificed a more sweeping one.

Lillard, Kemba, Lebron Among Noteworthy All-NBA Picks

Lillard receives All-NBA honors for the fourth time in his career.

NEWS BRIEFS

Legislature Passes Youth Criminal Justice Reform

State senate passes SB 1008, which would mitigate mandatory minimums for youth ...

The Portland Clinic Foundation Awards $60,000 to 28 Portland-Area Nonprofits

Recipients include SEI, Coalition of Communities of Color ...

Albina Vision Trust Receives Meyer Memorial Trust Grant

Two-year grant will be used to increase Albina Vision’s capacity ...

Community Celebrates New Evelyn Crowell Center African American Exhibit at Cascade

On Monday, June 3, the PCC Cascade campus will host an official opening ceremony for the Evelyn Crowell Center for African American...

James Bible Seeks Bellevue City Council Seat

Civil rights attorney says he wants to prioritize housing, wages ...

'Dorm chef' still cooking up culinary buzz

NEW YORK (AP) — Jonah Reider became an object of media fascination when he opened a sophisticated supper club in his Columbia University dorm that briefly became one of New York City's most coveted reservations.Three years after graduation, the "dorm chef " is still cooking up culinary...

Vandals damage Oregon city's historic America Legion post

EUGENE, Ore. (AP) — Vandals damaged an American Legion post in Oregon two days before Memorial Day.The Eugene Register-Guard reports vandals tore down entrance handrails and a portion of brick walls that support them at the home of Eugene's American Legion Post 83.The vandals also left a...

Clemson transfer Kelly Bryant finds new home at Missouri

COLUMBIA, Mo. (AP) — By the end of last season, Missouri fans were enjoying quarterback Drew Lock's final days running the Tigers' offense and wondering who would take over this fall.The answer came in a Twitter post the night of Dec. 4 when Kelly Bryant announced he was transferring to...

OPINION

Another Case of Alzheimer’s

When I looked at my email in-box this afternoon, I encountered one of those messages that I dread: yet another person I know has been institutionalized as a result of Alzheimer’s. ...

More Bold Actions Needed to Abate the Nation’s $1.5 Trillion Debt Crisis

When a Black billionaire adopted Morehouse College’s 135th graduating class, paying their student loans, he not only impactedtheir lives, but also the lives of family members who have co-signed on these loans ...

Forget the Adversity Score, Just Dump the SAT

Forget the Adversity Score, Just Dump the SAT ...

On the History of Medical Marijuana

The recent legalization of cannabis medicinally throughout the United States of America has made Cannabis sativa L., colloquially termed marijuana, hemp, or weed, the growing topic of conversation. ...

AFRICAN AMERICANS IN THE NEWS

Israeli president shocked by German skullcap warning

BERLIN (AP) — Israel's president said Sunday he is shocked by a German official's comment that he wouldn't advise Jews to wear skullcaps in parts of the country, which is drawing mixed reactions at home.Felix Klein, the government's anti-Semitism commissioner, was quoted Saturday as saying:...

Ku Klux Klan rally in Ohio; no reported clashes, problems

DAYTON, Ohio (AP) — A small group of Ku Klux Klan members penned in by fencing, surrounded by police and drowned out by hundreds of protesters, held a rally in Ohio with no reported clashes or problems.The city of Dayton blocked streets with large trucks Saturday and brought in officers from...

FRENCH OPEN '19: A look at younger, less-famous challengers

PARIS (AP) — There's been unprecedented tennis parity so far in 2019, including the clay-court circuit leading to the French Open: A total of 23 players split the 25 WTA and ATP titles on the slow, red surface.That means there are plenty of people who can succeed over the next two weeks at...

ENTERTAINMENT

Mexican American sisters of 'Vida' back amid gentrification

ALBUQUERQUE, N.M. (AP) — The Starz drama "Vida" returns for its second season on Sunday with an even deeper exploration of an issue facing many U.S. Latino communities: gentrification.The show follows Emma and Lyn, played Mishel Prada and Melissa Barrera respectively, who have inherited from...

Adam Levine leaving 'The Voice' after 16 seasons

NEW YORK (AP) — Adam Levine is leaving NBC's "The Voice" after 16 seasons.Carson Daly made the announcement Friday morning on the "Today" show. Daly said Gwen Stefani will return for season 17 in Levine's chair.The Maroon 5 frontman wrote a length Instagram post Friday, saying the...

Quentin Tarantino wins top dog award at Cannes Film Festival

CANNES, France (AP) — Whether or not Quentin Tarantino wins the Palme d'Or this year, at least he's not coming home without a trophy.The director of the Cannes Film Festival entry "Once Upon a Time ... in Hollywood" scooped up the top prize at the Palm Dog Awards. The awards are handed out...

U.S. & WORLD NEWS

Discipline or treatment? Schools rethinking vaping response

HARTFORD, Conn. (AP) — A glimpse of student athletes in peak physical condition vaping just moments after...

Israeli president shocked by German skullcap warning

BERLIN (AP) — Israel's president said Sunday he is shocked by a German official's comment that he wouldn't...

Magnitude 8 earthquake strikes Amazon jungle in Peru

LIMA, Peru (AP) — A powerful magnitude 8.0 earthquake struck a remote part of the Amazon jungle in Peru...

Belgium's national election split along linguistic lines

BRUSSELS (AP) — Estimates based on partial results in Belgium's national election show huge gains for a...

Yellow vest protest in Brussels turns violent; 350 detained

BRUSSELS (AP) — A yellow vest protest march was taken over by black-hooded demonstrators and turned violent...

Michael Gove enters Conservative race to succeed Theresa May

LONDON (AP) — British Environment Secretary Michael Gove on Sunday became the eighth lawmaker to enter the...

McMenamins
Sophia Yan CNN Money

HONG KONG (CNNMoney) -- The number of Americans choosing to give up their citizenship has spiked dramatically this year as the government works to implement a new disclosure law aimed at stamping out tax evasion.

Some of the rush may be caused by Americans hoping to avoid the new disclosure requirements. Others living abroad say they are giving up their U.S. passport because they are tired of dealing with overly complicated tax filings.

Unlike most countries, the U.S. continues to tax citizens on all income, regardless of where it is earned or where they reside. For expats, filing taxes in two countries often means wrestling with a huge mountain of paperwork.

"Every year, I was spending about $600 to $700 having somebody do the tax paperwork," said Kim-Fredrik Schneider, who now resides in the U.K. and retains his Swedish passport.

Schneider, who hasn't lived in the U.S. for about 13 years, was one of about 1,809 people to renounce U.S. citizenship or give up their green cards in the first half of 2013. That's a sharp uptick from 2012, when government data showed only 932 renunciations over the entire year.

The increase comes as the U.S. prepares to implement the Foreign Account Tax Compliance Act, a new law that requires foreign institutions to report all assets owned by Americans.

The measure, approved by Congress in 2010, is aimed at recouping some of the hundreds of billions the government says it loses each year in unpaid taxes. The law also requires individuals with overseas assets to file additional forms.

Most people renouncing citizenship are "hardly the 'fat cat' tax exiles," said Eugene Chow of Hong Kong immigration firm Chow King & Associates.

Instead, Chow said, clients who choose to give up their citizenship are often "really very ordinary people" who find it difficult to comply with the ever-changing tax code.

Immigration lawyer Melissa Vincenty of Fragomen recalled one client, a woman nearing retirement age, who gave up her citizenship for the same reason.

She had been filing taxes as an expat for nearly four decades, and didn't want to deal with it anymore, Vincenty said.

While the paperwork is certainly a burden, concerns over wealth preservation can also be a contributing factor.

Eduardo Saverin, one of Facebook's four co-founders, is one of the wealthiest individuals to give up his passport, and has since taken up residency in Singapore.

Saverin officially expatriated from the U.S. last year, before Facebook's IPO. The Brazilian native insists he did not renounce his citizenship for tax reasons, but his move still drew criticism from high-profile lawmakers.

Even individuals who are not among the super rich are considering giving up their citizenship -- especially when lower tax rates beckon in other countries.

Americans are looking down the road at how their investments such as retirement funds will be taxed, Vincenty said.

Giving up your US citizenship, she said, is a "realistic option to be able to manage those tax burdens."

For those who haven't paid their taxes, giving up citizenship isn't an easy way out. The government can still go after former citizens if evidence of tax evasion surfaces.

Plus, there's no statute of limitations and the IRS could then collect back taxes, said Scott Michel, president of Caplin & Drysdale, an international tax law firm.

There is also a hefty exit tax applied for Americans who have assets over $2 million, he said. Even the heirs of people who have given up their passports could be responsible for taxes on inherited assets, if they remain U.S. citizens.

Chow, the Hong Kong lawyer, said this is by design.

"[The U.S.] wants to charge you for the privilege of leaving, so you won't have an incentive to get out," he said. "In their zeal to nail people with offshore accounts evading tax, they pass these rules that make life very, very difficult for ordinary people."

Taxes aside, bidding Uncle Sam farewell can be an emotional decision, Vincenty said. "Lots of people are torn about it."

Schneider framed the issue in more philosophical terms.

"Am I still American? Well, I certainly sound American; I know a heck of a lot about American culture," he said. "I haven't stopped being who I am just because I don't have a contract with the government."

 

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